EMPOWERMENT

TECHNOLOGIES
TRISTAN DARYL A. DAYRIT
Teacher II
Empowerment
Technologies
Quarter 1 –
Module 4:
Advanced Excel Formulas
Microsoft Excel

 the Microsoft’s spreadsheet software.

 considered the industry standard piece of
software in data analysis and happens to be
one of the most preferred software by
investment bankers and financial analysts in
data processing, financial modelling and
presentation (Corporate Finance Institute,
2019).
 used in education and small businesses to
make computations easier.
 TITLE BAR FORMULA MAXIMIZE
NAME BOX
BAR MINIMIZE

RIBBON

COLUMN
CELL

SCROLL
ROW PARTS OF MS BARS
PARTS OF MS EXCEL
 TITLE BAR - A bar the display the name of active workbook.
 RIBBON - The main set of commands and controls organized task in Tabs
and groups, you can also customize the ribbon according to your
preference.
 NAME BOX - A box that displays the cell reference of the active cell.
 CELL - a rectangular box that occurs at the intersection of a vertical
column and a horizontal row in a worksheet.
 FORMULA BAR - A bar that displays the value or formula entered in the
active cell.
 COLUMN - runs vertically in the grid layout of a worksheet. Vertical
columns are numbered with alphabetic values such as A, B, C.
 ROW - runs horizontally while Column runs vertically. Identified by row
number, which runs vertically at the left side of the sheet.
 SCROLL BARS - This is a thin bar mainly displayed in most of the
computer applications to move the viewing area of computer applications,
left, and right or up and down.
Basic Excel Formulas:

 Addition (+)
 Subtraction (-)
 Multiplication (*)
 Division (/)

 *type <=> before the formula, thus: =a1+a2 <then, hit the
ENTER key>
 ADVANCED FORMULAS

1. SUM( ) - is used to get the sum of all the values. It has a format of
=SUM(range of values).
Example: =SUM(C2:C5).
2. MIN( ) - is used to get the minimum value from the range of values. It
has a format of =MIN(range of values).
Example: =MIN(C2:C5)
3. MAX( ) - is used to get the maximum value from the range of values. It
has a format of =MAX(range of values).
Example: =MAX(C2:C5)
 ADVANCED FORMULAS

4. AVERAGE() - is used to get the average(arithmetic mean)

value of its arguments. It has a format of =AVERAGE(range of
values).
Example: =AVERAGE(C2:C5)
5. COUNTIF( ) - is used to count all cells that meet certain
criteria. The format is =COUNTIF(range, criteria).
Example: =COUNTIF(B2:B5, 50) counts the number of cells
with 50 from cells B2 to B5.
 ADVANCED FORMULAS

6. SUMIF( ) - is used to add all cells that meet certain criteria. The format
is =SUMIF(range, criteria).
Example: =SUMIF(E2:E5, “>50”) adds all the cells with greater than 50 in
cells E2 to E5. Just enclose the criteria in open and close quotation marks.
7. IF() - is used to check whether a condition is met, and returns one value if
TRUE, and another value if FALSE. The format is =IF([logical_test],
[value_if_true],[value_if_false]. Example:
=IF(D6>=1000,”Spender”,”Saver”) means if the value in cell D6 is greater
than or equal to 1000, the value “Spender” is returned, otherwise return a
“Saver”.